Tag: PA+MACD
GOLD falls, bearish engulfing pattern on daily chart
Last Friday, we learned about data from the US labour market. The US economy added a net 263,000 jobs in November, well above market...
EURUSD – return to parity?
Today we had the opportunity to listen to a speech by the President of the European Central Bank, Ms Lagarde. The ECB President reaffirmed...
Gold may cheapen this week – there are fundamental and technical reasons
Since the beginning of November, the price of gold has risen from $1,615 to $1,786 per ounce. One of the reasons for this was...
GOLD- Central Banks buy more and more
Last week we had two major events on the economic calendar. The first was undoubtedly the FED's decision to raise interest rates to 4%....
GBPCHF – will it return to the main downward trend?
This week we have had two major events on the economic calendar The first is, of course, the FOMC meeting and the Fed's decision...
GOLD and Yen will get stronger – FED rate decision on Wednesday
I analysed Gold at the end of October, a week has passed since then and my prediction that we are witnessing a correction of...
GOLD in a correction, third time lucky?
Gold quotations peaked this year on 8 March. Two weeks after Russia's attack on Ukraine, the gold price started to fall quite intensively. Last...
USDCAD – bearish engulfing and inside bar on the top of the year
The USDCAD currency pair has been moving in an upward channel with a range of about 600 pips for over a year. In mid-September,...
USDJPY – bearish engulfing pattern on H4
Today's Asian session brought statements from several important officials in charge of Japan's finances. Japanese officials spoke on oil, gas, border control and of...
GOLD in a correction, bullish engulfing on daily chart
Two weeks after Russia's attack on Ukraine, gold prices reached the maximum of the year. Starting on March 8, the gold price began to...
